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CEO compensation debates in India and abroad are always contentious and have grown more contentious over the past couple of decades as better reporting norms of executive pay have come into effect, as have newer ways of compensating CEOs.

\"Does the government actually plan to do anything to get rid of the loss making Air India before the 2019 elections? I would suspect not. There seems to be a remarkable lack of interest in actually trying to get rid of the carrier,\" writes Business Today Editor Prosenjit Datta.

In a freewheeling interview with Prosenjit Datta, he talks about how GST has helped his textile business, the philosophy behind the brand strategy, why he did not diversify into newer areas, the future of textiles and the Arvind Group, and finally, what he sees as the role of the promoter of a business vis-a-vis the role of professionals.

Warehouses lack the sex appeal of the slick, consumer-facing showrooms, though, they are probably as important, if not even more, for any consumer products company that wants to win in the marketplace.

India recorded $303 billion of exports in merchandise in 2017-18, which was almost 10% growth for the entire fiscal, the fastest growth for exports from India in almost half a decade. But our total exports for 2017-18 are still $16-17 billion lower than what India reported in 2013-14. Watch BusinessToday.In Editor Rajeev Dubey discuss why India is struggling to export more merchandise into the world markets with Prosenjit Datta, Editor, Business Today, and Joe C Mathew, Senior Editor, Business Today.

While there is little doubt now that if the opposition decides to band together and fight unitedly, it can defeat the BJP - it happened when the RJD and the JDU came together in Bihar, and again when BSP and SP came to an understanding in the UP bypolls - the real question is what happens once the BJP has been defeated.

Now that the Flipkart-Walmart deal has been announced, it is very clear what Flipkart is getting out of the deal. But it is not very clear what Walmart gains after paying $16 billion to take over the majority stake.

The only consolation the CSO has is that the research reveals that the GDP data is revised upwards or downwards from initial numbers in many countries, so India is not alone in this respect. But having said that, it also makes it difficult to analyse GDP trends until the final revision is over.

In 2013/14, India's merchandise exports stood at $314.4 billion. In the next year, it fell to $310.3 billion. And the next year, 2015/16 saw a further fall to $262.3 billion before it improved marginally to $275.9 billion in 2016/17. This financial year, it has clocked $302 billion, which is still lower than what it was four years ago.

At least two prominent Indian carriers - Indigo and Jet Airways - have already backed off and said they will not be interested in taking over Air India, at least under the current terms and conditions.